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2015 New York Laws
BNK - Banking
Article 11-A - (Banking) CREDIT UNION INSURANCE FUND
490-G - Payment of liquidating dividends on uninsured shares.

NY Banking L § 490-G (2015) What's This?
  490-g. Payment of liquidating dividends on uninsured shares. In the
  event of liquidation by the superintendent of any credit union which  is
  a party to the agreement, he shall pay on account of its uninsured share
  liabilities  and  deposit  liabilities, dividends in the same manner and
  amount as he  would  pay  on  account  thereof  if  none  of  the  share
  liabilities of such credit union were insured.

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